Stock Guru Profile ATSI Communications, Inc. (ATSX – OTCBB)
ATSI Communications, Inc. (OTCBB: ATSX) operates through its two wholly owned subsidiaries, Digerati Networks, Inc. and Telefamilia Communications, Inc.
Through Telefamilia Communcations ATSI provides local phone service and international Voice IP service to the Hispanic market. Latin America is the top destination region for Voice IP traffic with more than one third of the world’s Voice IP minutes.
Web-based phone services — which grew 200 percent in 2005 to 4.4 million subscribers nationwide — allow customers to phone around the country and the world for drastically reduced prices using Voice Over Internet Protocol technology.
Telefamlia Communications has the ability to tap into the increased spending power of the Hispanic-American. There are more than 41 million Hispanics living in the United States today. They make up one-seventh of the nation’s population and are considered by the Census Bureau to be the fastest-growing ethnicity in the country.
Mexicans spend more than $2 Billion dollars a year in phone calls to Mexico. This is the largest long distance corridor in the world.
San Antonio, Texas, is home to ATSI Communications which is command center for their international Voice IP product for the Hispanic market.
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